secwatch.observer — SEC 8-K summary
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Issuer:     HashiCorp, Inc. (—)
CIK:        0001720671
Form:       8-K
Filed at:   2023-06-07T23:59:59+00:00
Accession:  0001628280-23-021270
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01, 2.05, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

HashiCorp Q1 revenue up 37% to $138M; GAAP net loss narrows; cuts workforce 8%
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- Revenue $138.0M, up 37% YoY; GAAP net loss $53.3M ($0.28/shr) vs $78.2M loss a year ago.
- GAAP operating loss $67.8M, improved from $78.4M; non-GAAP operating loss $27.3M.
- Workforce reduction ~8%; estimated severance $6.5-8.5M, other costs $0.5-1.0M.
- Appointed Susan St. Ledger as President Worldwide Field Operations; base $475K, $15M RSU.
- GAAP RPO $635.3M, up 46% YoY; net dollar retention rate 127%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720671/000162828023021270/0001628280-23-021270-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720671/000162828023021270/hcp-20230607.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-021270

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer